The Office of the President (OP) has issued an executive order (EO) modifying the rate of the import duty on national gypsum and anhydrite in support of the country’s housing and infrastructure programs. Executive Secretary Lucas Bersamin According to the Presidential Communications Office (PCO),...
President Ferdinand "Bongbong" Marcos Jr. has approved the proposal of the National Economic and Development Authority (NEDA) to extend the temporary modification of import duty rates on various products to address supply issues and temper inflation. (Photo courtesy of Malacañang) Marcos...
The Department of Trade and Industry (DTI) has given in again to the demand of domestic cement manufacturers as it hiked the second year safeguard duty to P9.80 on 40-kilogram bag imported cement, almost at the same level as last year’s P10 duty and higher than the original P9 duty it ordered...